IPART has completed its review of the Forestry Corporation of NSW’s (Forestry Corporation) native timber harvesting and haulage costs for the period 1 July 2016 and 30 June 2019.
We found that native timber harvesting and haulage costs were reasonable in the review period, and that there are limited opportunities to achieve further cost reductions.
External factors (such as the 2019-20 bushfires, resource availability and regulatory change) are placing upward pressure on costs. Our Final Report includes 2 recommendations to improve market efficiency, to reduce costs in the longer term, after accounting for these external influences.